Core Insights - Siemens Digital Industries Software has announced an agreement to acquire Excellicon, enhancing its EDA portfolio with Excellicon's software for timing constraints management [1][2] - The acquisition aims to improve power, performance, and area (PPA) for System-on-a-Chip (SoC) designers, accelerating design closure and enhancing constraint correctness [1][4] - Excellicon's solutions will complement Siemens' existing EDA offerings, expanding into key market segments and improving overall design processes [4][5] Company Overview - Siemens Digital Industries Software focuses on digital transformation for organizations of all sizes, utilizing software, hardware, and services from the Siemens Xcelerator business platform [6][7] - The company employs around 70,000 people globally and aims to empower customers in their digital and sustainability transformations across the entire value chain [7] - Siemens AG, the parent company, generated revenue of €75.9 billion and net income of €9.0 billion in fiscal 2024, employing approximately 312,000 people worldwide [9]